Soroban Capital Partners LP Has Upped Its Stake in Anheuser Busch Inbev Sa/Nv (Call) (BUD) by $659.45 Million

June 12, 2018 - By Michael Collier

Anheuser-Busch InBev SA/NV (NYSE:BUD) LogoInvestors sentiment increased to 1 in 2018 Q1. Its up 0.04, from 0.96 in 2017Q4. It is positive, as 54 investors sold BUD shares while 149 reduced holdings. 57 funds opened positions while 147 raised stakes. 95.25 million shares or 1.22% more from 94.11 million shares in 2017Q4 were reported. Da Davidson accumulated 27,805 shares or 0.06% of the stock. Brinker Cap stated it has 0.13% of its portfolio in Anheuser-Busch InBev SA/NV (NYSE:BUD). Baldwin Brothers Ma owns 2,543 shares. Natixis has invested 0% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Boston Private Wealth Lc reported 0.57% in Anheuser-Busch InBev SA/NV (NYSE:BUD). 47,776 are owned by Hsbc Holdg Public Ltd Co. Weiss Multi has 52,080 shares for 0.18% of their portfolio. The California-based First Foundation Advsr has invested 1.16% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Raymond James And Assocs invested in 338,267 shares. Smith Moore & invested in 0.12% or 4,123 shares. Texas Yale Capital Corporation has 6,000 shares for 0.06% of their portfolio. Wisconsin-based Convergence Limited Company has invested 0% in Anheuser-Busch InBev SA/NV (NYSE:BUD). Atlantic Ltd invested in 0% or 1,115 shares. Jefferies Group Inc Limited Liability Corp invested in 0.01% or 15,206 shares. Parsons Cap Management Ri has 9,261 shares for 0.12% of their portfolio.

Eric W. Mandelblatt increased its stake in Anheuser Busch Inbev Sa/Nv (Call) (BUD) by 39.67% based on its latest 2018Q1 regulatory filing with the SEC. Soroban Capital Partners Lp bought 6.05 million shares as the company’s stock declined 13.10% with the market. The hedge fund run by Eric W. Mandelblatt held 21.30M shares of the beverages (production and distribution) company at the end of 2018Q1, valued at $2.34 billion, up from 15.25M at the end of the previous reported quarter. Soroban Capital Partners Lp who had been investing in Anheuser Busch Inbev Sa/Nv (Call) for a number of months, seems to be bullish on the $188.56B market cap company. The stock increased 0.86% or $0.8303 during the last trading session, reaching $97.7603. About 648,668 shares traded. Anheuser-Busch InBev SA/NV (NYSE:BUD) has declined 19.97% since June 12, 2017 and is downtrending. It has underperformed by 32.54% the S&P500.

Soroban Capital Partners Lp, which manages about $10.82B and $17.54B US Long portfolio, decreased its stake in Walgreens Boots Alliance Inc (Call) by 4.25 million shares to 9.68M shares, valued at $634.02 million in 2018Q1, according to the filing. It also reduced its holding in Union Pac Corp (NYSE:UNP) by 10.77 million shares in the quarter, leaving it with 9.40 million shares, and cut its stake in Alphabet Inc (Call).

More notable recent Anheuser-Busch InBev SA/NV (NYSE:BUD) news were published by: Investorplace.com which released: “4 Steady Eddie Stocks to Take a Close Look at This Summer” on June 09, 2018, also Fool.com with their article: “Price Increases, Cost Savings Drive Anheuser-Busch InBev Results” published on May 16, 2018, Seekingalpha.com published: “Why Invest In Companies That Partner With Sports Leagues?” on June 03, 2018. More interesting news about Anheuser-Busch InBev SA/NV (NYSE:BUD) were released by: Fool.com and their article: “How to Invest in Craft Beer” published on June 12, 2018 as well as Globenewswire.com‘s news article titled: “New Research Coverage Highlights Fortuna Silver Mines, First Majestic Silver, Anheuser-Busch InBev SA/NV, Banco …” with publication date: June 07, 2018.

Anheuser-Busch InBev SA/NV (NYSE:BUD) Ratings Coverage

Among 8 analysts covering Anheuser-Busch Inbev Sa (NYSE:BUD), 5 have Buy rating, 2 Sell and 1 Hold. Therefore 63% are positive. Anheuser-Busch Inbev Sa had 12 analyst reports since January 11, 2018 according to SRatingsIntel. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) earned “Underperform” rating by Bank of America on Thursday, April 26. The rating was maintained by JP Morgan on Thursday, February 15 with “Underweight”. Bernstein maintained Anheuser-Busch InBev SA/NV (NYSE:BUD) on Thursday, May 10 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Wednesday, April 18 with “Buy”. On Monday, March 5 the stock rating was maintained by JP Morgan with “Underweight”. Jefferies maintained it with “Buy” rating and $134.0 target in Thursday, January 11 report. Stifel Nicolaus maintained it with “Buy” rating and $130.0 target in Thursday, February 1 report. Susquehanna upgraded it to “Buy” rating and $131.0 target in Wednesday, February 28 report. The rating was upgraded by RBC Capital Markets on Tuesday, May 22 to “Hold”. The company was maintained on Wednesday, April 11 by JP Morgan.

Anheuser-Busch InBev SA/NV (NYSE:BUD) Ratings Chart

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